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fxtservices
Oct 15, 2019 2:01 PM

EURUSD possible short!!!  Short

Euro Fx/U.S. DollarFXCM

Description

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Fundamental analysis: Earning week for the major US banks. Not much to say about EU as is already in a recession mode, we are waiting for ECB president for more clarifications.


Technical analysis : looking for a possible short with retracement of the break of the channel, our alternative scenario is the bounce of the 50 SMA with a potential reverse signal. Be aware a lot of volatility taking place so keep your risks low.
RSI below 50 level

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